EMA Strategy - Vaibhav

Rules are simple:
  • For CE only
1) Wait until the candle closes above the green line and a cross appears below the candle.
2) Enter on the next candle and keep your Sl at the previous candle low.
3) You can get multiple confirmation by add the pin bars from the settings.
Release Notes:

Release Notes: Making some changes
Release Notes: Rules For buying options(CE):
1) Make sure you get the buy signal and the candle is closed above the green line.
2) Don't buy trade if the price is falling wait for the retracement.
3) After the red candle closes and it starts forming green candles you can enter.
4) SL will be the GREEN LINE or the LOW of the previoys GREEN candle.
5) Don't enter in the trade if the price have moved much in last 10 min, wait for the retracement and then enter.

Same instructions for the PE trade too.
Release Notes: Changing Title
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?